Mergers & Acquisitions Mergers & Acquisitions

Korean Air's plan to acquire Asiana Airlines faces delayed Australian review

By Laurel Henning
  • 04 Mar 2022 05:23
  • 04 Mar 2022 05:23
Korean Air’s $1.3 billion play for rival Asiana Airlines has suffered a setback in Australia today, after the country’s competition regulator said it had scrapped a March 24 announcement deadline as it awaits further information from the companies.

The Australian Competition & Consumer Commission, or ACCC, said in an update to its

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